OEXN

What is OEXN？

OEXN is a global brokerage firm based in Cyprus with head office in Mauritius and many other branches all over the world. It provides traders with access to market instruments including Forex, Stocks, Precious Metals, Indices, Commodities, Energy, Options, ETFs. It is currently under CYSEC (Cyprus Securities and Exchange Commission) regulation with license no. 423/22 and offshore regulated by FSC (The Financial Services Commission) with license no. GB21026677.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Is OEXN Legit？

When considering the safety of a brokerage like OEXN or any other platform. Here are some steps you can take to assess the credibility and safety of a brokerage:

It currently under CYSEC (Cyprus Securities and Exchange Commission) regulation with license no. 423/22. The regulation status makes it appears reliable.

Market Instruments

OEXN presents a comprehensive range of market instruments, catering to the diverse trading preferences of its clients.

These include Forex, providing access to the dynamic foreign exchange market for currency pair trading.

For equity enthusiasts, OEXN offers a selection of stocks for trading.

Precious metals like gold and silver are also available, serving as safe-haven assets for portfolio diversification.

Traders can speculate on broader market movements through indices and engage with the commodity market by trading commodities and energy resources.

Options and ETFs further enhance trading opportunities, enabling traders to implement a wide array of strategies across various asset classes.

OEXN Accounts

OEXN provides traders with the flexibility of choosing between a demo account and a live account, catering to traders of all levels.

For those looking to explore and practice their trading strategies risk-free, the demo account offers an ideal environment.

When ready to trade with real capital, OEXN offers three live account options, Standard, Pro and VIP Raw accounts.

The Standard Account, with a minimum deposit of $200, is designed for retail traders seeking commission-free trading across a wide range of products. It offers spreads from 1.1 pips, leverage up to 1:1000, and access to multiple platforms including MT4, MT5, and Omnitrader. This account type includes features such as social trading, swap-free eligibility, and PAMM management.

For more advanced traders, the Pro Account requires a $500 minimum deposit and provides improved trading conditions with spreads from 0.8 pips. It maintains the commission-free structure and high leverage of the Standard Account while offering additional features like customizable groups.

The VIP Raw Account, tailored for professional traders seeking optimal conditions, requires a $2000 minimum deposit. It offers ECN-style trading with spreads starting from 0 pips and a commission of $4 per side. This account provides access to a broader range of products, including cryptocurrencies, with leverage up to 1:500. It features Tier 1 liquidity and is ideal for traders prioritizing execution quality and competitive pricing.

Spreads & Commissions

The Standard Account, designed for retail traders, provides commission-free trading with spreads from 1.1 pips across a wide array of products. For more advanced traders, the Pro Account offers improved spreads starting from 0.8 pips, also without commissions. The VIP Raw Account caters to high-volume traders seeking the most competitive conditions, featuring spreads from 0 pips and a commission of $4 per side. This ECN account provides access to Tier 1 liquidity, making it ideal for those prioritizing ultra-low spreads and institutional-grade execution. Across all account types, OEXN maintains competitive pricing while offering varying features and minimum deposits to suit diverse trading needs.

Below is a comparison table about spreads and commissions charged by different brokers:

Trading Platforms

OEXN provides traders with a versatile array of trading platforms, ensuring accessibility across multiple devices and operating systems.

With the choice of popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), traders can leverage advanced charting tools, technical indicators, and expert advisors to enhance their trading strategies.

Additionally, OEXN offers their own Multi-Asset Platform (MAP) platform, expanding trading possibilities across various asset classes.

Whether traders prefer the familiarity of Windows or Linux desktops or the flexibility of trading on Android and iOS mobile devices, OEXN's platform support ensures seamless access to the financial markets, allowing traders to trade with ease and convenience.

See the trading platform comparison table below:

Trading Tools

OEXN empowers traders with a comprehensive suite of trading tools designed to enhance their decision-making and risk management capabilities.

OEXN Servers: OEXN claims that its IT experts have developed a top-of-the-line trading platform that guarantees lightning-fast execution speeds, ultra-low latency, competitive spreads, and an impressive 99.99% uptime.

These tools encompass risk management features that include stop-loss and take-profit orders, helping traders protect their investments.

Additionally, OEXN provides access to live economic indicators, enabling traders to stay updated on real-time economic data and make informed trading decisions based on economic developments.

Moreover, news trading tools keep traders informed of breaking news and events that can influence financial markets, helping them react promptly to market-moving information.

Furthermore, a Virtual Private Server (VPS) offered by the broker is also an invaluable trading tool that offers traders a dedicated and stable environment for their automated trading strategies, ensuring uninterrupted connectivity and minimal latency, even in the fast-paced world of financial markets.

Social Trading

OEXN goes beyond traditional trading by offering a unique social trading experience to its clients.

Through internal and global social trading platforms, traders can engage with a dynamic community of investors and experts, sharing insights and strategies.

Internal social trading allows traders to connect within the OEXN ecosystem, facilitating the exchange of ideas and trade copying among users.

On a global scale, OEXN opens doors to a broader network of traders worldwide, enabling cross-border collaboration and diversification.

These social trading features create a collaborative environment where traders can learn from each other, share trading wisdom, and potentially enhance their trading performance by tapping into the collective knowledge of the trading community.

Deposits & Withdrawals

OEXN provides multiple deposit and withdrawal options with competitive terms. Deposit methods include wire transfers ($100+ min), credit/debit cards ($100-$10,000 instant), and e-wallets like Help2Pay, Sticpay, WeChat Pay, and Alipay ($20-$10,000 instant), all with no fees. Withdrawals are available via wire ($50 min, 2-10 days), credit/debit cards, and e-wallets ($50 min, 1-3 days), offering fee-free flexibility.

Deposit:

Withdrawal:

Customer Service

OEXN provides multiple customer service options to assist its clients. Customers can reach out to OEXN through various channels to address their queries and concerns as below:

Phone: 066-512-6574

Email：operations@oexn.global.

Address: Edith Cavell Street 33, Port-Louis 11324, Mauritius

Moreover, traders can access real-time assistance through live chat, submit inquiries via a convenient live chat,“Contact Us”form, or engage with the broker through social media platforms such as Facebook, Twitter, Linkedin.

Education

OEXN offers the“Why Trade Forex”page and the inclusion of a comprehensive“Forex Glossary”as educational resources, demonstrating the broker's commitment to equipping traders with the knowledge and tools needed for successful trading.

The“Why Trade Forex”section offers insights into the unique advantages and opportunities presented by the forex market, helping traders understand why it's a compelling choice.

On the other hand, the Forex Glossaryserves as a valuable reference, providing explanations of essential terms and jargon used in the forex world.

Together, these resources empower traders with the information necessary to make informed decisions, manage risks, and navigate the complexities of the forex market confidently.

Frequently Asked Questions (FAQs)

Is OEXN regulated？

Yes, it currently under CYSEC (Cyprus Securities and Exchange Commission) regulation with license no. 423/22 and offshore regulated by FSC (The Financial Services Commission) with license no. GB21026677.

Does OEXN offer the industry leading MT4 & MT5？

Yes, OEXN offers both MT4 and MT5 on Windows, iOS, Linux and Android devices.

Is OEXN a good broker for beginners？

Yes, it‘s a good broker for beginners because it’s well regulated by CYSEC.

Does OEXN offer demo accounts？

Yes, it offers demo accounts.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.